Search results for "ING"
09:02

Netherlands International: The US-Russia summit is expected to have a certain impact on the euro.

On August 11, Jin10 reported that Francesco Pesole, an analyst at ING, stated in a report that the summit held on Friday between U.S. President Trump and Russian President Putin regarding the Russia-Ukraine conflict could impact the euro. "If a ceasefire is achieved in the coming weeks, the euro may perform well, particularly against the U.S. dollar, Japanese yen, and Swiss franc." Since early August, hopes for a Russia-Ukraine truce have led to a drop in oil prices. However, he noted that considerable uncertainty surrounds the outcome of the negotiations, and the recent decrease in G-10 currencies' sensitivity to the Ukraine conflict could limit any impact on the euro.
More
TRUMP-6.23%
10:53

ING Group: Latest data shatters Germany's hopes for industry

Analysts at ING Groep in the Netherlands stated that the optimistic sentiment in the German industry does not match the actual data, with industrial production declining by 1.9% month-on-month in June. Although there are signs of improvement, production remains below pre-pandemic levels, which could lead to a downward revision of GDP for the second quarter.
More
09:23

ING: If the Czech Central Bank takes a cautious stance on interest rate cuts, the Czech koruna may appreciate.

Jin10 data reported on August 6, the International Group stated that after recent appreciation, the Czech koruna still has room for a pump, as the Central Bank of the Czech Republic may signal during Thursday's meeting that interest rates will remain high. Data released on Tuesday showed that the inflation rate in the Czech Republic slightly fell from 2.9% in June to 2.7% in July, but this did not change the Central Bank's cautious stance on interest rate cuts. The International Group expects that at Thursday's meeting, the Central Bank will keep the Benchmark interest rate unchanged at 3.5% and does not expect any further cuts for the remainder of the year.
More
10:45

Infinity Ground(AIN) fixed investment product log in Gate, 7-day Annual Percentage Rate 150%

Gate News bot message, according to the Gate announcement on July 7, 2025: Gate has launched a new 7-day fixed income product for AIN tokens in its Yu Bi Bao. This product offers an annualized return of 150%, with a total limit of 20 million AIN tokens, available on a first-come, first-served basis. Infinity Ground is the project party, primarily providing blockchain infrastructure services and dedicated to building a decentralized agent development environment. The project completed a $2 million seed round of financing in early 2025, receiving investments from several institutions including Frachtis Ventures, MarbleX, and Animoca Brands. Its core products include a decentralized intelligent agent IDE, an AI application store, and a dedicated public chain ING Network, aimed at allowing users to create DApps through natural language, including games, social applications, and DeFi applications.
More
AIN-9.26%
08:16

International Netherlands: The Bank of Canada maintaining the Intrerest Rate may lead to a decline in the Canadian dollar.

Jin10 data reported on July 30, analysts from ING, Francisco Pesole, stated in a report that if the Central Bank of Canada maintains interest rates, the Canadian dollar may fall, but this implies the prospect of future rate cuts. Data shows that the market expects only a 15 basis point rate cut by the end of the year. Considering this conservative pricing and the economic risks brought by the US-Canada trade negotiations, the Central Bank of Canada may encourage the market to bet on further rate cuts. This will put pressure on the Canadian dollar. It is still expected that the USD/CAD will reach 1.39 this quarter.
More
07:37

The British pound has rebounded against the euro as investors reduce their long positions on the euro.

Jin10 data reported on July 29 that the British pound fell to a two-month low against the US dollar, but rose to a nearly one-week high against the euro due to the trade protocol reached between the US and Europe. As concerns about a US economic recession eased, the dollar strengthened overall; however, market worries about tariffs harming the eurozone economy led to a fall in the euro. Therefore, the British pound rebounded against the euro. Chris Turner, head of forex strategy at ING, noted in a report that the rise of the British pound against the euro was also due to investors reducing their positions that previously bet on a strong euro.
More
08:18

International Netherlands: The euro is under pressure and falling. The Fed is expected to maintain interest rates unchanged this week.

Jin10 data reported on July 28, analysts at ING, Chris Turner, stated in a report that the forex market's reaction to the trade protocol between the US and Europe has been limited, as there were already expectations of an agreement last week. With the market awaiting the Fed's interest rate decision this week, the euro is under pressure and falling. The market generally expects the Fed to maintain interest rates. ING forecasts that if the Fed continues to resist political pressure to cut rates, the euro to dollar exchange rate may fall to 1.16. Data shows that the currency market does not expect the Fed to cut rates before October.
More
05:43

Infinity Ground(AIN) will be launched on Gate Launchpool on July 5th, staking BTC or AIN can mine Airdrop.

Gate News bot message, according to the Gate announcement on July 4, 2025: Gate will launch the Infinity Ground ( AIN) staking mining event on Launchpool from July 5, 2025, at 20:00 to July 10, 2025, at 20:00 UTC+8 (. Users can participate by staking BTC or AIN tokens, with a total mining reward of 1.2 million AIN tokens. The system will distribute rewards hourly based on the proportion of users' staked assets. Infinity Ground is a blockchain infrastructure project built for Vibe Coders, providing a decentralized agent IDE, an AI application store, and the ING Network public chain. The project completed a $2 million seed round financing in early 2025, receiving investments from several institutions including Animoca Brands and MarbleX.
More
AIN-9.26%
BTC-2.87%
  • 3
07:57

Dutch International: If the ECB is concerned about the strengthening of the euro, the Exchange Rate may fall.

Jin10 data reported on July 24, analysts from ING, Chris Turner, stated in a report that if the European Central Bank expresses concerns about the recent appreciation of the euro during Thursday's meeting, the euro may weaken. He mentioned in the report that some European Central Bank members have publicly voiced their concerns about the rise of the euro, and exchange rate comments may be involved on Thursday. "After all, the European Central Bank has been focused on the issue of inflation not meeting targets, and a stronger currency does exacerbate this situation," Turner said. Considering Trump's sensitivity to exchange rate manipulation, it remains unclear whether the bank believes that exchange rate comments could affect US-EU trade relations.
More
TRUMP-6.23%
07:46

International Netherlands: Concerns over UK finances drag down the pound.

Jin10 data July 22 news, Francesco Pesole, forex strategist at ING Group, pointed out in a report that the recent depreciation of the British pound against the euro may reflect the market's concerns about the UK's fiscal situation, as well as the increasing attractiveness of the euro as a reserve currency. Data released on Tuesday showed that UK government borrowing in June rose to £20.7 billion, significantly exceeding market expectations, and this deterioration in fiscal conditions could further exacerbate market concerns. Pesole stated that although today's data did not have a significant impact on the pound, it did raise the likelihood of the UK government introducing tax increases this autumn, which will limit the pound's pump potential.
More
07:38

Dutch International: The results of the Japanese Senate election increase uncertainty for the yen.

Jin10 data reported on July 21, the strategist from ING stated that the results of the Japanese Senate election have made the outlook for the yen more uncertain. Although Japanese Prime Minister Shinzo Abe has promised to remain in office and continue to promote negotiations on the US-Japan trade agreement, the opposition party may seek to gain political benefits by advocating for loose fiscal policies to address livelihood pressures. The strategist pointed out that these expectations have already put pressure on Japanese government bonds before the election, creating unfavourable information for the yen. Additionally, there is a risk that Shinzo Abe could be replaced by a more conservative faction, which may call for the Bank of Japan to slow down the pace of interest rate hikes. "In other words, today's rise of the yen lacks clear support," the strategist added.
More
11:23

Rabobank: The European Central Bank cannot be complacent with current policy results and must not stagnate.

Carsten Brzeski from ING pointed out that the strengthening of the euro and tariff turmoil are affecting the economy, and the European Central Bank may not be able to remain stagnant with its current policies. Although the interest rate has been lowered to 2%, the appreciation of the euro and potential tariff threats have increased economic uncertainty, and the central bank is expected to maintain its current policies at the policy meeting.
More
TRUMP-6.23%
11:22

International Netherlands: Still expect the Bank of England to cut interest rates in August and November.

Jin10 data reports on July 17 that James Smith from ING stated in a report that although the UK labor market is undoubtedly cooling, the latest data shows that the situation has not deteriorated in a snowballing manner as is common during recessions. He believes this alleviates the pressure on the Bank of England to accelerate interest rate cuts. That said, Smith pointed out that the payroll numbers have been in a declining state for 7 out of the past 8 months. He still expects the Bank of England to cut interest rates in August and November.
More
12:51

International Netherlands: France's spending cut plan failing may put pressure on the euro

Jin10 data reported on July 15, analysts from ING stated in a report that if French Prime Minister Borne fails to reduce the budget deficit through spending cuts, the euro could face pressure. Borne is expected to announce a cut of 40 billion euros in spending in a fiscal consolidation plan to be unveiled later. We need to closely follow the movements of French government bonds, as a failure of the spending cut plan (similar to the recent situation in the UK) seems likely to harm local fixed income products and the forex market. The recent policy reversal by the UK government on welfare reforms has raised new concerns about its fiscal situation, leading to a significant fall in UK bonds and the pound.
More
11:37

International Netherlands: The recent fall of the pound against the euro may continue.

Jin10 data reported on July 15 that analysts from ING stated in a report that, given that the UK may accelerate its pace of interest rate cuts, the recent fall of the British pound against the euro may continue. The analysts mentioned that Bank of England Governor Bailey may reiterate in his upcoming speech that if the labor market deteriorates, more aggressive rate cuts cannot be ruled out. Data from the London Stock Exchange Group shows that the UK money market believes there is nearly an 89% chance of a rate cut in August. ING expects that the euro may rise to 0.88 against the pound in the coming quarters.
More
03:43

ING Group: Japanese corporate confidence remains robust, and the timing of the Central Bank's interest rate hike may await the implementation of the US-Japan trade agreement.

According to the Gate News bot, reported by Jin10, the latest second quarter Tankan survey released by the Central Bank of Japan shows that despite the uncertainties brought about by trade frictions, both large and small enterprises in Japan have maintained an overall optimistic attitude. The confidence of manufacturing enterprises is particularly stable, with its business sentiment index continuing to remain positive, and the manufacturing Purchasing Managers' Index (PMI) has risen back into the expansion zone for the first time in 12 months, confirming this trend.
More
ING11.93%
  • 3
02:42

ING Group: Short-term data supports the Bank of Japan's interest rate hike cycle

Gate News bot reports that the International Group (ING) of the Netherlands stated that the short-term observation data for the second quarter released earlier by the Bank of Japan shows that despite the uncertainty of the trade war, both large and small enterprises in Japan remain generally optimistic. Manufacturers maintain an optimistic outlook, as evidenced by the manufacturing PMI entering expansion for the first time in 12 months.
More
ING11.93%
11:31

ING: The risk balance for the dollar leans towards further fall.

Jin10 data June 27th, analysts from ING, Francesco Pesole, pointed out in a report that the risk balance indicates that the US dollar may continue its fall. He stated that the upcoming US core personal consumption expenditures price index, speeches from Federal Reserve officials, and US tariff dynamics could trigger a new round of decline for the dollar. Pesole said, "Any reading below a 0.1% month-on-month level will hit the dollar." The market is closely following the interest rate cut signals released in the subsequent speeches of Federal Reserve officials Kashkari, Williams, and Harker.
More
07:59

Infinity Ground(AIN) will launch spot trading on Gate on July 5, 2025.

According to Gate News bot, in the official announcement by Gate on June 27, 2025, Gate will launch Infinity Ground (AIN) spot trading on July 5, 2025. Infinity Ground is a blockchain infrastructure project that provides a decentralized agent IDE development environment for Vibe Coders. The project consists of three core components: a decentralized agent IDE, an AI application store, and the ING Network public chain. The project completed a $2 million seed round of financing in early 2025, receiving investments from several institutions including Frachtis Ventures, MarbleX, and Animoca Brands. AIN is the project token symbol, and the specific trading launch time will be announced separately.
More
07:43

If the US dollar weakens further, the euro may rise to 1.20.

Analysts at ING Group point out that the euro against the dollar faces resistance around 1.17, and if it breaks through, it may pump to 1.20. The depreciation of the dollar and changes in Trump's policies provide support for the euro's rebound.
More
TRUMP-6.23%
  • 1
09:35

This week's altcoin market outlook: MGO, AST, BLAST, ING, ACX, OP, BERA, and SNX

According to Gate news from Cryptonews, the altcoin market is about to experience a turbulent week, as some significant events that will affect market price rises and falls are set to occur in the coming days. Several projects worth following this week include Mango Network (MGO), AirSwap (AST), Blast (BLAST), Injective (INJ), Across Protocol (ACX), Optimism (OP), Berachain (BERA), and Synthetix (SNX).
More
BLAST-7.4%
ING11.93%
ACX-8.78%
  • 1
13:26

International Netherlands: Limited potential for the US dollar to rise

On June 16, Francesco Pesole, an analyst at ING International, said that the Federal Reserve may be cautious about cutting interest rates at Wednesday's meeting, but this may not provide much support for the dollar. He said in a note that the Fed may use the rise in oil prices due to the Israeli-Iran conflict as a reason to resist Trump's call for interest rate cuts. However, the failure of the US dollar to sustain its initial upward momentum after the attacks on Israel and Iran began, is a symptom of the market's distrust of the dollar. He said that even dollar-positive events such as rising oil prices, coupled with geopolitical tensions, could not stop short sellers from shorting the dollar as it tried to recover.
More
TRUMP-6.23%
10:45

ING: The Bank of Japan will maintain interest rates, but the possibility of a rate hike is underestimated.

On June 16, ING foreign exchange analyst Furpesole pointed out that the market widely expects the Bank of Japan to keep interest rates unchanged at 0.5% this week. However, in addition to any forward-looking guidance, the main focus will be on a mid-term assessment of Japanese government bond purchase operations. Despite speculation that the BOJ may reduce its quarterly purchases from 400 billion yen to 200 billion yen, the BOJ is expected to maintain the current pace. While the BoJ may not give much guidance on interest rates at tomorrow's meeting, risks are certainly skewed to the hawkish. Markets continue to underestimate the risk of a rate hike as early as July or September, priced at 10% and 25% respectively. The bank believes that the yen remains a fairly attractive hedging tool for now, especially if the US stock market faces more geopolitical shocks. The excessive rise in oil prices may weaken the appeal of the yen as a safe-haven asset, and the hawkishness expected by the Bank of Japan is renewed
More
07:48

Gold futures pullback after briefly approaching a historical high during the session.

Jin10 data June 16 news, data shows that gold futures pulled back after reaching historical highs during the session, with futures prices falling by 0.5%, reported at $3,433.90 per ounce. The previous contract's Opening Price was close to the historical high of $3,509.90 per ounce. Analysts from ING Group pointed out in the report that the escalation of tensions in the Middle East last Friday drove a surge in safe-haven demand, boosting precious metal prices. Analysts stated that if the conflict between Israel and Iran further escalates in the coming days, gold prices are expected to set new historical highs.
More
08:08

Gold futures pulled back some of their rise, but remain at a high level.

Gold futures prices have retreated amid trade concerns and geopolitical tensions, but remain at high levels. Trump threatened to impose additional tariffs on steel and aluminum, prompting retaliatory remarks from Europe. Ukraine's drone attacks on Russia have heightened geopolitical tensions, supporting gold's safe-haven attributes. Analysts at ING noted that these factors are driving gold prices.
More
TRUMP-6.23%
10:52

Analyst: Improving house price data helps support the UK economy, and the pound remains strong.

Jin10 data reported on June 2 that Chris Turner, a currency analyst at ING, stated in a report: "The pound remains relatively supported, especially against the USD." He noted that as interest rates decline, the improvement in UK house price data on Monday may help support the UK economy. Nationwide's data shows that last month's house prices rose 3.5% compared to a year ago. LSEG data indicates that the GBP/USD rose to an intraday high of 1.3557, approaching last week's three-year high of 1.3593 USD.
More
13:01

International Netherlands: The euro's movement is more likely to continue being dominated by the performance of the US dollar.

Jin10 data reported on May 30, analysts from ING, Chris Turner, pointed out that the euro's trend is more likely to continue to be dominated by the performance of the US dollar. He stated that the market has fully digested the expectation of a 25 basis point rate cut by the European Central Bank on June 5. The US PCE data is the biggest catalyst for the euro today, and we expect this data may keep it within the short-term range of 1.1300-1.1400 USD.
More
12:26

ING: The US dollar is gradually losing its safe-haven status

The chief economist of the Dutch International Group pointed out that the US dollar is losing its safe-haven status, creating opportunities for the eurozone. Promoting the euro as a reserve currency will drop borrowing costs and increase stability. It is suggested that the EU act quickly to design a framework for the issuance of eurozone bonds to take advantage of the US's weakness.
More
12:46

International Netherlands: The New Zealand Reserve Bank's deviation from its easing policy stance is "obviously Favourable Information" for the New Zealand dollar.

Jin10 data May 28 news, analysts from ING, Francisco Pesole, pointed out in a report that the Reserve Bank of New Zealand was cautious in its stance on future interest rate cuts during Wednesday's meeting, which may allow the New Zealand dollar to continue its rise. The Chief Economist of the Reserve Bank of New Zealand, Paul Conway, and the Governor, Christian Hawkesby, also hold a cautious attitude towards further interest rate cuts. Pesole stated that the Reserve Bank of New Zealand's deviation from the easing policy stance is "obviously favourable information" for the New Zealand dollar.
More
11:36

International Netherlands: The recovery of the US dollar may still be relatively limited.

According to a report by Francisco Pesole, an analyst at ING, on May 28, the recovery of the US dollar may still be limited due to ongoing market concerns about the slowdown in US economic growth and budget deficits. He stated that the rebound in the May consumer confidence survey data from the Conference Board boosted the strength of the dollar. However, to rebuild market confidence in US economic growth, more positive data support is still needed, and concerns about the deficit "will not dissipate in the short term." The dollar continues to face "downside risks" in the short term. "The unexpected rise in consumer confidence data has reduced these risks, but we remain cautious about chasing a breakthrough of the dollar index above the 100 mark."
More
07:27

ING: The rise of the euro may still be limited.

Analysts at ING Group pointed out that the euro has risen against the dollar due to U.S. inflation data, but the rise potential is limited. Investors may continue to have a bearish outlook on the dollar, but the Central Bank's interest rate cuts still weigh on the euro. When market risk appetite improves, investors are more inclined towards high-risk currencies rather than the euro.
More
09:12

If core inflation in the US remains sticky, the dollar may rise.

Jin10 data May 13 news, ING analyst Chris Turner said in a report that if the core inflation in the U.S. remains stable in April, the dollar may receive some support. This will "fuel the argument that the Federal Reserve (FED) is not in a hurry to cut interest rates." This month, the market has reduced bets on interest rate cuts and pushed back expectations for the next rate cut to September. Economists expect the core inflation rate in April to rise 0.3% month-on-month, higher than March's 0.1%.
More
08:17

Improved risk sentiment pushes the pound to a five-week high against the euro.

Jin10 data May 12 news, market risk sentiment has improved, the British pound against the euro rose to a five-week high. Analysts at ING, Francesco Pesole, stated that the UK's trade situation has improved after reaching agreements with the United States and India, as well as upcoming negotiations with the European Union, which has also supported the pound. The cautious stance of the Bank of England on interest rate cuts is another supporting factor. The euro against the pound fell to a low of 0.8421, and ING believes that this currency pair has room to break below 0.84.
More
07:53

Optimism about the trade protocol may boost the pound.

Analysts at ING Group predict that the British pound will strengthen due to optimism surrounding the UK trade agreement and an improvement in UK-EU relations. The UK and India have announced a trade agreement, and the UK and US may reach an agreement, while the UK-EU summit may improve post-Brexit relations. The Bank of England is unlikely to cut interest rates, and the pound is expected to rebound to a high of 1.3445 USD.
More
  • 1
  • 1
06:42

Strategist: The dollar still has some room for recovery.

ChainCatcher news, ING forex strategist Francesco Pesole stated, "The dollar still has some room for recovery, as signals from the Trump administration indicate that their policy focus is shifting from threats and announcing massive tariffs to negotiating trade agreements."
More
TRUMP-6.23%
14:15

Dutch International: The fall of the Norwegian krone may be limited.

Analysts at ING predict that the Norwegian Central Bank may cut interest rates in the future, which could hinder the recovery of the krone, causing the euro to remain in the range of 11.70-11.80 against the krone in the short term. However, they believe the euro will continue to decline, expecting the euro to fall to 11.50 against the Norwegian krone by the end of the year.
More
10:38

The elastic economy supports eurozone inflation.

Jin10 data reported on May 2, economists at ING, Bert Colijn, stated that inflation in the Eurozone is unlikely to fall significantly in the future because the underlying resilience of the economy offsets the dampening effects of trade tariffs. Data released on Friday showed that prices in the Eurozone rose 2.2% year-on-year in April, remaining stable compared to the previous month. Colijn said that trade turmoil and the ensuing drop in energy prices have brought the inflation rate close to the European Central Bank's target of 2%. However, investors should not expect inflation to decline significantly in the coming months. He remarked, "Even if the trade war initially suppressed inflationary pressures, a robust Eurozone economy with a strong labor market and high wage growth is likely to keep inflation elevated to some extent in the coming months."
More
BERT-9.37%
08:58

The pound will benefit from closer UK-EU relations.

Analysts at ING Group stated that closer ties between the UK and the EU will boost the performance of the pound, and the UK safety protocol is expected to enhance economic prospects, providing the Chancellor of the Exchequer with more room for spending. It is anticipated that if the euro falls below 0.8500 against the pound, it may continue to decline to the level of 0.8430.
More
11:55

ING: The euro has lost its status as an alternative to the dollar.

Analysts at ING Group pointed out that investors originally worried about Trump's trade policies abandoned the dollar in favor of the euro, but now most G10 currencies are performing stronger than the euro. Power outages in Spain and Portugal may further hit the euro, coupled with the options market showing the euro is overbought. If eurozone economic data is weaker than expected, it may unwind bets on the euro's strength. The market's optimism about weak US economic conditions and German fiscal stimulus may have diverted concerns about the eurozone economy.
More
TRUMP-6.23%
10:12

Economists: The European Central Bank will have to take on the burden of boosting the economy.

Economists at ING Group point out that the European Central Bank should strive to boost economic activity. Data from April shows that price pressures have eased, supporting last week's decision to cut interest rates. If trade conflicts persist, the Central Bank may lower rates again. German fiscal stimulus and European defense spending will take time to drive the economy.
More
13:01

Dutch ING Bank collaborates with multiple parties to develop a new stablecoin project

According to Gate.io News bot and COINDESK, ING is collaborating with Financial Institutions and Crypto Assets companies to develop a new stablecoin. The project is led by ING Bank and is currently in the development stage. As one of the largest Financial Institutions in Europe, ING Bank's foray into the Crypto Assets field demonstrates the exploration of blockchain technology by traditional Financial Institutions. Reports indicate that this is ING's first foray into the stablecoin development field, with the project bringing together multiple forces from the TradFi and Crypto Assets industries.
More
ING11.93%
04:03

Experts from many countries warn that the U.S. tariff policy may reap its own consequences

Gate.io News bot, according to CCTV News, people from many countries recently said that the abuse of tariff policy by the United States will not only affect its own economic development, but also have an impact on the global trade order, and the ultimate victim will be the United States itself. Khalid, former Saudi commercial counselor to China, pointed out that this policy will directly lead to rising domestic prices in the United States and have an inevitable negative impact on the financial market. He stressed that such an approach would lead to instability in trade relations and international relations, as international trade is closely linked to countries, and the situation will be further exacerbated if the tariff war continues. Virovac, senior economist at ING Hungary, said that throughout world history, trade closures and protectionism have never brought any improvement or progress to the global economy.
More
  • 1
11:36

Inflation data is unlikely to have a significant impact on the Canadian dollar.

On April 15, Jin10 reported that Francesco Pesole, an analyst at ING, stated in a report that Canadian inflation data is expected to rise, which may bolster expectations that the Central Bank of Canada will pause interest rate cuts on Wednesday, but the Canadian dollar may not react much. The USD/CAD exchange rate is still driven by the global stock markets and the confidence crisis in the dollar, with the exchange rate 2% below its short-term fair value. This completely aligns with the special risk premium in the dollar due to recent turmoil in the US markets. ING expects it to remain below 1.40 in the near term.
More
08:11

Market Analysis: The recent strength of the Euro may have long-term benefits for borrowing costs.

Turner from ING Group stated that the European Central Bank may be concerned about the appreciation of the euro, but also sees benefits in the euro being the second largest global Liquidity currency. The euro/USD is expected to trade in the range of 1.12-1.15 dollars, as concerns about a slowdown in the US economy offset the prospects of the European Central Bank's easing policy.
More
11:09

Oil prices fall, and the Norwegian krone drops to an eight-month low.

Jin10 data reported on April 7, due to concerns that Trump's tariffs could lead to a global economic recession, oil prices experienced a big dump, and the Norwegian krone to euro Exchange Rate fell to an eight-month low. ING analyst Turner said in a report that the krone was the worst-performing G10 currency over the past week. He mentioned that the Norwegian krone has been heavily impacted by falling oil prices. As the Central Bank of Norway has yet to start cutting interest rates, the potential for the largest drop in Norway's Intrerest Rate is also dragging down the krone. The decline in Liquidity is another factor. "Traditionally, the krone performs very poorly in a low Liquidity environment, and that may be the case this week."
More
TRUMP-6.23%
  • 2
Load More
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)